ARTICLES ABOUT KAMATH BY DATE - PAGE 4

In an interview with ET Now, KR Kamath , CMD , PNB , shares his business outlook and talks about the stock split. Excerpts: ET Now: Take us through your total capital needs to meet the Basel III norms. KR Kamath: As of now we have a capital adequacy of about 12.11%, which is sufficient for us to meet the growth plans for the current year. But we are looking at the future requirements. So we had gone to the board for an enabling resolution for us to raise capital.

Weeks before resuming charge as chairman of software major Infosys, lead independent director and chairman-designate KV Kamath is getting hands-on. ET NOW learns from sources that Kamath is closely over-seeing the transition as Infosys moves from being a founder-driven organisation to one that will get its first external CEO Vishal Sikka. One of the sources ET NOW spoke to said, "Kamath conducted performance reviews with all the executive vice-presidents in the last few weeks.

By KV Kamath The Union Budget presented on Thursday has two distinguishing features. Firstly, it comprehensively touches almost every area of economic activity and every issue facing the country's economy today. It ticks all the boxes and lays out the broad direction and, in many cases, specific policy measures. Secondly, it indicates a willingness to listen and a responsiveness to the views and concerns of market participants. This Budget is grounded in the aspiration of the people of India for higher growth, more opportunity and a better life.

In an interview with ET Now, KV Kamath, Chairman, ICICI Bank , expresses his view on the Budget. Swaminathan Aiyar: Do you see any real new vision and if so, which are the major areas where you think there is a vision and we can look forward to some structural change compared with the UPA kind of presentation? KV Kamath: The structural change that I see is the willingness to listen because in this budget what I see is, he has clearly identified what are the challenges which economic growth in context of business is facing.

NEW DELHI: Commending the role of N R Narayana Murthy, veteran banker K V Kamath on Friday said the Infosys co-founder had "got the cost equation right" to improve topline growth. Kamath, who is also the non-executive Chairman, said it is now upon the "successor" Vishal Sikka to take that agenda forward. CEO and Managing Director-designate Sikka will take over his new role in August this year from S D Shibulal. Sikka is the first non-founder and an outsider to be appointed CEO in the company's 33-years old history.

NEW DELHI: Country's second largest state-run lender Punjab National Bank (PNB) today said interest rates are unlikely to come down in next 2-3 months as inflation is still high. "I don't see a rate cut in the next 2-3 months," PNB Chairman and Managing Director K R Kamath said on the sidelines of an event to announce a tie-up of the bank with digital money transfer company Xoom here. "As the RBI Governor has said, unless inflation is controlled there is no reason to bring down the interest rates...to that extent inflation control becomes a priority for the Reserve Bank," he said.

BANGALORE: In 2006, soaring hotel costs and traffic snarls led Infosys to build Le Terrace, a four-star hotel with 500 rooms for its employees and overseas clients in its campus in Bangalore's Electronics City. Eight years on, the software industry posterchild is about to embark on generating its own power, in the process saving costs, getting clean reliable power for its operations and fulfilling its broader obligations to society. Infosys has proposed a 50 mw solar park in Karnataka, becoming the first software company in India to think of generating its own power that will meet a bulk of the electricity needs of its offices in Bangalore, Mysore and Mangalore.

NEW DELHI: Infosys, India's second largest IT services exporter, which on Thursday announced Vishal Sikka as its new CEO and MD, also said that KV Kamath will become the Non-executive Chairman of the Board on October 11. NR Narayana Murthy will be designated as Chairman Emeritus in recognition of his contributions to the company. Sikka, 47, will replace S D Shibulal, one of the seven engineers who founded Infosys in 1981, from August 1, Infosys said in a statement.

KV Kamath,66, has been a long-turn bull on the Indian economy, though his optimism may have been tested during the downturn of the last two years. With the new government in power, Kamath says that there is enough low-hanging fruit by way of stalled projects that can be harvested to kick-start growth. He spoke to ET. Edited excerpts: How do you think the Modi government has started off? Look at the immediate past. The whole decision making process was slowed down (by)

MUMBAI: The ascension of Narendra Modi to power has already resulted in an uplifting of the entrepreneurial spirits, which, coupled with decisive decision-making, should translate into faster growth, ICICI Bank Chairman KV Kamath has said. In an exclusive interview with ET, his first detailed media interaction since the dramatic victory of the Modi-led BJP in general elections last month, Kamath also called for interest rates coming down by as much as a quarter over an 18-month period.